Good afternoon, everyone. Ethereum surged strongly at night, but it seems to be of no use. Other altcoins are still stagnant. What can we do about this? If interest rates do not drop, the market will truly lack liquidity. Looking back at previous major fluctuations: tariffs imposed - Israel and Palestine war, besides the brief spikes or crashes due to news, there hasn't been much significant fluctuation in the market. The intraday fluctuations are just a few points.
In the last few days, there have only been a few points each day, and I am tired of writing about it. What's going on? Is it that the market makers know I am out playing and can't give my brothers a live update, or is it intentional? Everyone, do not worry. As long as I have time in the evening, I will share and chat with my brothers!
The daily level of Bitcoin has touched the top of 1097 several times, and the bottom of 1075 has been hit several times as well. For the market to move, we need to see if the daily level can break through this top and bottom; otherwise, just trade around this top and bottom for the day!
Today's market analysis:
$BTC Bitcoin had little fluctuation last night. Today pay attention to the level of 108380. As long as it can hold above this level on the 4-hour chart, the market will continue to go up. The resistance levels above are around 109685-110490-111330!
If today the 4-hour level breaks below 108380, then the 4-hour level will start to retrace. The support levels below are around 107440-106370-105340!
$ETH Ethereum broke through the first resistance level at night and then started to retrace. Today pay attention to the level of 2590. As long as it can hold above this level on the 2-hour chart, the market will continue to go up. The resistance levels above are around 2628-2680-2712!
If today the 2-hour level breaks below 2590, then the 2-hour level will start to retrace. The support levels below are around 2560-2530-2506!
$BNB BNB precisely hit the first support level and then started to rebound. Today pay attention to the level of 661. As long as it can close above this level on the 2-4 hour chart, the market will continue to go up. The resistance levels above are around 664-670-674!
If today the 2-4 hour level cannot hold above 661, it indicates that the upward momentum is weak, and we will look for another retest of the support levels below around 657-653-650!
SOL had little fluctuation at night. Today pay attention to the level of 150.7. As long as it can close above this level on the 2-4 hour chart, the market will continue to go up. The resistance levels above are around 153.8-155.7-157.8!
If today the 2-4 hour level breaks below 150.7, then the 2-4 hour level will start to retrace. The support levels below are around 148-145-142.6!
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